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How much will you need to have set aside to pay for 4 years of college if the freshman year cost is expected to be
How much will you need to have set aside to pay for 4 years of college if the freshman year cost is expected to be $70,000 and is expected to rise 2% annually while they attend college? Assume you can earn 4% on your funds. A. $272,025. B. $254,100. C. $264,260. D. $309,140. E. $280,000.
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